The cost and time taken to develop advanced Bitcoin Exchange software from scratch vary depending on the feature requirements and development budget. Apart from the security parameters, another aspect that determines the success of a crypto exchange is its time-to-market. However, if you opt for aggressive development timelines, you might have to deal with two major challenges:
A Bitcoin exchange script offers an off-the-rack source code that can be customized to deploy a full-featured cryptocurrency exchange platform within 4-5 weeks. Not only does it allow faster development and deployment, but it also cuts down the development cost drastically.
If you are someone who is looking forward to roll-out a bitcoin exchange software, you must acquire all the knowledge about the features that a bitcoin exchange script can offer.
Once a market participant places an order on an exchange that is built using Bitcoin Exchange Script, the trading engine classifies the order as per:
A transaction goes through immediately if the engine finds that a ask and buy order is in sync. All kinds of market orders like limit orders, stop-limit orders, and more are executed by the trading engine only.
A bitcoin Exchange Script uses a variety of algorithms to match asks and bids in real-time. The most common algorithm used is FIFO (First in First Out) which prioritizes the execution of an order on the bases of the timing it was recorded on the trading engine.
Our white Label Bitcoin Exchange safeguards exchange owners and traders against losses by integrating risk management features like:
Futures trading is a very interesting feature of a crypto exchange as futures are a type of derivative crypto contract and they bind the exchange to pay traders cash or asset equivalent at a predetermined price on a future date.
In addition to all these features, some of the advanced security features that are integrated into a Bitcoin Exchange Script are:
Considering how profitable the cryptocurrency exchange market has proven to be, it is understandable why so many crypto exchanges are entering the system.
At a glance, starting a cryptocurrency exchange might seem like a complicated task. However, by using the Bitcoin Exchange Script, the development complexity, cost, and time-to-market can be drastically reduced. A pre-tested bug-free white label bitcoin exchange makes kicking off a distinctive and revenue-generating crypto exchange easy. Connect with Antier crypto exchange development experts to get a free demo of cutting-edge Bitcoin Exchange Software.
Please fill out the form to make the request. We’ll be in touch to schedule a free demo.
Click one of our representatives below to chat on WhatsApp or send us an email to [email protected]
